College Fund Challenge

The original deposit was $100 +$30 bonus. With the old settings, it dropped to $80.54 and since I changed the settings, it would be up +$148.59 without additional funds. No, the additional $200 is from clients who added $100 each and have contracts with. The account is in the green by +14.6% with or without their deposits. Anyway, I don't need to defend it as I know how well it performs. Thanks for your vote.

If it collapses, so be it. $100 can be spent on a dinner and a movie a couple times. I didn't call it a "challenge" for nothing.

By the way, now account 1 is not expecting $2M but $6M because of the additional $200 from other investors. Mathematically, that would only make sense.

If it collapses, you will lose $100 plus a large chunk of margin money you put in separately. You can call the margin money as money from other investors if you like. But the outcome is the same: you will lose a lot more than $100 from your make millions from $100 (plus $2 million margin money) challenge.

You're pretty funny, beginner.

Today had a trade for 25 pips on account 1. Actually, 24.8 pips, to be exact. That's +12.4% for the week. One more day. We'll see if I get another trade before the weekend.

Account 2 had a grand 2 pips. 6.4% for the week so far. Seems like the two accounts are having their own little race.

Starting funds Monday 13th June £391

JUNE
Mon 13th £391 = $642
Fri 17th £428 = $688

This Week's Results

Account 1: +12.4%
Total gain: +20.9% This still has an open trade from last night and looks like it will be open over the weekend.

Account 2: +6.8%
Total gain: +56.5% This got away with 1 pips trade last night so there is no open trade.

Because of account 2 broker having messed up records, I had to adjust the total gain from would would be over 80% to now 56%. The reason is because I had to adjust the original balance from $100, to $150 because they added an additional $50 because of their problems.

Anyway, it should all look smoother in a few months.

Have a great weekend!!

Account 1: Trade still open from Friday so nothing to report there.

Account 2: Because Friday's trade closed, it was free to open another sell if conditions were met and they were so it opened a sell. I know it's hitting a strong resistance area so it may have some trouble punching through. We will see as it's still open.

hey tk, what indicators/trading plan do you use to determine entries?

As a base, I use FMT turbo version. However, my settings are very different which renders (so far) 100% accuracy.

Last night had a small gain of 1 pip on both accounts.

The market looks like it is going back down from Friday and Monday's trades which are still open.

On a side note, I will hedge if indicators are lined up for an opposite trade as the current open trade. However, I won't take two sells in a row as this just doubles my risk which would be just crazy. (Even though in history, the double trading still resulted in a good trade. Just too much risk I'm not willing to take.)